Goodluck Steel Tubes standalone net profit declines 2.76% in the March 2016 quarter

Sales decline 6.54% to Rs 235.04 crore

Net profit of Goodluck Steel Tubes declined 2.76% to Rs 6.70 crore in the quarter ended March 2016 as against Rs 6.89 crore during the previous quarter ended March 2015. Sales declined 6.54% to Rs 235.04 crore in the quarter ended March 2016 as against Rs 251.48 crore during the previous quarter ended March 2015.

For the full year,net profit rose 20.46% to Rs 33.21 crore in the year ended March 2016 as against Rs 27.57 crore during the previous year ended March 2015. Sales declined 7.34% to Rs 983.22 crore in the year ended March 2016 as against Rs 1061.14 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales235.04251.48 -7 983.221061.14 -7 OPM %9.118.60 -10.217.84 - PBDT12.5612.42 1 62.7147.68 32 PBT9.018.18 10 47.8236.37 31 NP6.706.89 -3 33.2127.57 20

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